Technical analysis of oil (Dani Leviant)
Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.
Earn with the help of the trade service on the news Erste News!
Oil quotes of major oil brands are traded in different directions on Tuesday, following a slowdown in the growth of optimism in the market.
Brent brand chart (current price: $ 66.10)
Brent brand trades with a decrease in the attempts of correction after growth and a decrease in optimism in the market.
- Resistance 1: From $ 67.00 (psychological level)
- Resistance 2: From $ 68.00 (psychological level)
- Support 1: From $ 66.00 (psychological level)
- Support 2: From $ 65.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating the limitations of a significant decline.
WTI brand chart (current price: $ 55.90)
The WTI brand is trading at the opening level of the day, slowing the uptrend.
- Resistance 1: From $ 57.00 (psychological level)
- Resistance 2: From $ 58.00 (psychological level)
- Support 1: From $ 55.00 (psychological level)
- Support 2: From $ 54.00 (psychological level)
Computer analysis: Movings indicators forex Stochastic Oscillator are in the neutral zone, indicating that growth is limited.